Snapshot for BBA LIBOR USD 3 Month (US0003M)

Rate Profile Information for US0003M

London-Interbank Offered Rate - British Bankers Association Fixing for US Dollar. The fixing is conducted each day at 11am (London time). The rate is an average derived from the quotations provided by the banks determined by the British Bankers' Association. The top and bottom quartile is eliminated and an average of the remaining quotations calculated to arrive at fixing. The fixing is rounded up to 5 decimal places where the sixth digit is five or more. BBA USD Libor is calculated on an ACT/360 basis and for value two business days after the fixing .Please note that for the overnight rate, the value date is on the same day as the fixing date, with the maturity date falling the next business day in both centres.For the underlying bank rates type: US index , for Libor in other currencies type BBAM .